Petros PACE Finance Hires Denver-Based Ben Elmquist As Vice President Of Originations For Colorado And The Surrounding Region

Elmquist brings 20 years of experience in commercial real estate finance to new role

AUSTIN, Texas, May 30, 2018— Petros PACE Finance, LLC announced today 20-year banking veteran Ben Elmquist has been named Vice President of Originations, strengthening its business development team in the Colorado area as the company continues to expand nationally. In his new role, Mr. Elmquist will join one of the national leaders in commercial real estate lending dedicated to C-PACE (Commercial Property Assessed Clean Energy) financing.

“We are thrilled to have Ben on board,” said Petros CEO Mansoor Ghori. “The State of Colorado and the surrounding area is vital for the continued expansion of the C-PACE market. Ben’s experience with financing solutions for businesses makes him a valuable asset to our businesses development in Colorado and to our growing team.”

Mr. Elmquist joins Petros from GDI Capital. As the founder of the company, Mr. Elmquist created the firm to facilitate real estate secured transactions with private capital and secured multiple lending sources to provide funding for CRE. Prior to his role at GDI, he worked at Bank of the West and Wells Fargo Bank—working as a CRE senior relationship manager in both roles.